For over two decades, SpaceX has captivated the world—first with its pioneering reusable rockets, then with the rapid expansion of the Starlink satellite network, and always with the bold vision of its founder and CEO, Elon Musk. But nothing in the company's 24-year history compared to its long-anticipated initial public offering (IPO), which finally arrived in June 2026.
Here is your essential landing page for all things related to the SpaceX IPO, including the record-breaking numbers, key post-listing moves, and what investors should watch next.
The Largest IPO in History
SpaceX priced its historic IPO at 555.6 million shares at $135 each, initially aiming to raise $75 billion. That figure ballooned to $85.7 billion raised, making it the largest IPO of all time. The staggering demand pushed founder Elon Musk into history books as the world’s first trillionaire.
Shares began trading on the Nasdaq on June 12, 2026, opening at $150—an 11% pop—and quickly soared 30% in midday trading before closing at $160.95, up 19% on day one.
Post-IPO Moves That Reshaped the Landscape
Acquisition appetite. Just days after going public, SpaceX announced a blockbuster deal to acquire Cursor for $60 billion in stock—a move that signals aggressive expansion beyond launch services and satellite internet.
Valuation explosion. By June 16, SpaceX’s valuation had soared to $2.7 trillion, surpassing Amazon to become the fifth-most valuable company in the world. The stock climbed over 20% on June 15 and continued rising in early trading.
Record trading activity. Retail investors flocked in: Robinhood reported “record-breaking traffic” in the hours after the stock debuted.
Key Voices and What’s Next
Merger hints? In a CNBC interview on IPO day, SpaceX COO Gwynne Shotwell suggested that a merger between SpaceX and Tesla “might make Elon’s life a little easier.” Tesla shareholders took note.
Bank windfall. Underwriting banks pocketed roughly $500 million in total fees, with Goldman Sachs and Morgan Stanley taking the largest shares, according to the Wall Street Journal.
TechCrunch has followed SpaceX from its earliest struggles to its greatest triumphs. Now that the company is public, we will continue tracking every milestone. Bookmark this page for the latest updates on SpaceX stock, earnings, acquisitions, and the future of space commerce.
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